Question: The factor to remember is that the sales unit forecast provides the catalyst for all the period budgets. T OR F? An increase in the

The factor to remember is that the sales unit forecast provides the catalyst for all the period budgets. T OR F?

An increase in the unit sales price will cause the breakeven point to increase T OR F?

Period costs can be found in inventory accounts on the balance sheet. T OR F?

Product cost also means period cost. T OR F?

Job order costing is used by companies who make large or unique products T OR F?

Budgets are prepared with a bottom up perspective, meaning we accumulate our cost and determine our revenue budget based upon our cost structure. T OR F ?

You can always sell more products to achieve profitability T OR F?

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